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.ti', <br />- <br />$51404710 Deed of Trust <br />S <br />Larry W. Coffeyy b Sheri <br />THIS DEED OF TRUST is made rhis 3rd day of jeptPw,h , T9 _$S , by and between A o f v h rib nd b vi , <br />b Mary Varga Keef b Jack beef. h„Ui ;hand A wife .. whether one or more. (hereinafter called the <br />whose t &WV address is 201 Oak Creek Drive, LincolII.�,rl' Phr —_ T?R.Sf11 <br />NORWEST BANK i:rand Tstand_ Narinna7 Arsf riatian _ fhereinatter caned the "Trustee'), whose mailing address is <br />A O Reir 17fR_ rr nd TQland NF .and.NORWESTBANK Grand Island_ ?+T_s Thereinafter <br />coaled Ire "Ber*ftary"i, whose maiasng address is P.O. Box 1768. Grand T cl andy Nebr c -a 6A8s? __ <br />WITNESSETH <br />If THIS SOX IS CHECKED; J THIS DEED OF TRUST CONSTITUTES A CONSTRUCTION <br />SECURITY AGREEMENT UNDER THE NEBRASKA CONSTRUCTION LiEN ACT AND CREATES, <br />GRANTS AND CONSTITUTES A CONSTRUCTION SECURITY iNTEREST IN THE PROPERTY <br />DESCRIBED HEREINBELOW. <br />WHEREAS. Tnisim is indebted to Sene#ictary in the pnncipai sum of .�� _ILliI,�RID TWE rT�LHQ12' ND 'D NO / �� �? <br />i which indebtedness is evidenced by Trvs'or's promissory rote dated Septem es, _ _ . rhereinaf+.er <br />cared xht - 'Note '). payatxe ro ".order of Beneficiary and having a marunry of 1-------------------..—_- <br />NOW. THEREFORE. for rile purpose of securing <br />ea) payment of the Note. rogemer with inrerest the.rPon. !are Cnafges. nrepaymenr Deralr es. any tuture advances. and ail eeensions. <br />modificatars. subsmrur ons and rehewais thereof, <br />:rb/ payment Of ali d.'hPr sr:ms. fees as, charges, together with interest thereon. advanced to pro!err tare recur ty Of this Deed of Trust and <br />the pertdrmarce of r' £ covenants and agreements of Trustor, whether Or not set H)r i .nefen. <br />;c) perforrAnce, discharge of and compliance with every term covenant. oD#igation and agream£n! of Trustor cDnrained fi£rern or <br />incorporated by reference or any other sec -,ury jlsrrument at anytime given ro secure the Note and <br />d; <br />he rwaymen±Of alt other sums or ful. -ire advances. wrrh inrerest rhereon. wniCh 'nay neretrrfP•£ nave D e(7l? nr hereafter be advanC ? ^' <br />by Seneffcrary to Trustor or Trustof s successor rn interest r tftfe. <br />a of wfx n is fwr�na. *.es, c�tec *vary cited ine 'I.nde )Tedres's ' :trey; caPry °,Pahl" an. ^, ! ars,crs to Trustee.: crust. WITH POWER <br />OF SAE the fold7wrng descr tbed Properry <br />LOTS NINE (9) AND TEN (10) , IN BLOCK ELEVEN (11) , 11. t:. CLARK'S <br />ADDITION TO TFE CITY OF GRAND ISLAND, 1iALL COUNTY, ?NEBRASKA <br />rtgerrrts. *rtr+ ail Dterrd.�ngs * u .ores 3d tr an anti game " n .f 3tr r r�ra rs -t . 3 Eme i anc7 !rrp,L vemt?r s now or ne.reafter <br />to cared :rnereps, it:; ail egwPmer° ..mac. rnery ar-d nea )g, entitarnq, coomg. aft <br />conm.trommg, spank n, and pi.mDing t X ures *are, dnc ;R)wf vsiFmc. 77q neS e: S arq 5 e ..iShwa_r,P,rc. n7ifrCrS and mantels. <br />car;vting furnaces a,, f)umers.. eic at,. a 70 n?o r : r rrOE aft in .i d ""Jr, Jr7`mL rr at: 5 c1e t dynamos. transformers. electrical <br />eduprient, Sturm ano SCreFf Wmflow's . doc's. aw infI : 817,7 ynadeSi t,w -;r ^R. eatie atlaC"eO - D,.,L any i,Gr)dtng ;is, imprdVement <br />n k1 <br />ow 01? tlereaftef cated rheret": . ,l ail easementS as,;: ffghl5 of way - :.;rr- :iler•a n' �.ne•frt. ., ,. _:,P v eS!aiE. right r: tie and ;nter£S.' on <br />Tf "$tor rn and n) aft fevase5. writhe 'A'iw r her(fafte . A' .tmg ) en7el of r y w n( r H r casr 31)(7 serurii`y d£postrs <br />avvantif °Bi7;aiS and uepDSrfS .. if Di +v m£n,S .'a :;,f.a. ^•atL.P ,irr!afn�r„'s.rt+.v ,. Ji. ,,,,i�5,., :''' "a.7: nerefrom 'Subiec• <br />.c Tne right o,` 7rus7:v rc correct and apply .sum -+arils issues. ,;r„tr,: a , -D. f .es r­f-v ;?H - r a. -r, ;.;avat.- o o +q dS =no even! of <br />a:J>i exists nfareJr. dxs: V.' alt eyatrte,, nUntrra -w a ^C q5... Jam_, i ^r'" sa•; va!t .. A3;r "'Lick 3;: renernenfS. <br />%vedrta;^senrP ..V tetra: <br />3.,19 vu.N- cH'tarY sr ,ntt>t3hn.a �: �a u' <br />air Ile SiDS- <br />_ ;urance and <br />C5nz7t!+Rh':aa' +ih1 ciaarQS., at #Cif <br />'G p c%,:c7 T#4i: SEC Up", - y rir 7r'Is DEED i_-_= TRUS:. r iTS :.NC - 4 '=+£_S 7Li.OWS <br />T ?1H. ': u5ti�. ._ovenant5 wdrrart s and agree.: w!r ?eretr .,as,: ...;ui, C: e..s. :: an,v a3 s,yrs . rustor owns the Tr :is' PrGperry free <br />1reb�r any pear tier: pr e ^cumbrancc . that tun ;waif a 'u =! �s &ry w,fi re ^a , a aal;d and e�rfcmeawe firs! i,en ;,n the Trus! Propery- <br />rnat Trusfiir ar ors emper:5e . wil rfeserde SuC- r'tile arid w.'; ltd -ntd fnis .1e`ff,7 C,i 'r„S' 35 a fist and narampunr tier, upon the T•us1 <br />Property and wtii ttxever warrant and defend Ine vai,d,r" aria r ! the , :en nerent aga - ^•' rr?e claims of ail pemons and parties <br />wteumsoever T :isrw dt .'s izxr,e s£ w ii! cacst' this Neil ;.f ' , , u. rn edt -: do H.; ^ant supplement .hereto, fo be flied and <br />recorded as a morTgage .. 'r',E' .. S' manna.' d"10 Si,i arc• a,," Ad? take 5uc" aCrtor. as 'n the opiniOn of Trustee, <br />may De repurred Dy any ,.resent :r filtureaa ; :order 'o t)enec., �.a,r.a,,an. _,rte, .he a:en s' 'tits Der 7 +us as the same may <br />be ar*r dad or S :r>pr`emented rrcrm tines /c tune Truster viii; n:axe sucr further assurance or assurances is oerfecr its title to the Trust <br />P.rapery as may be reovsre,: Dy Sercfrciary Truvor rxreby reinq;;;sues a : Gn•. ^, aowe, and resm*?steec and to the Trust Property <br />2 Pay ant of Indebtedness - Truster snail purctua =ty dy the cr:ncrpai c! anc ) nrerest {m the fndebrem 33s secured hereby <br />.3 {� ,Of Is, iortivemerr's %;stir r nav rOrn _e 'r gocid and worxmam*e *rannf!r any bu.imngs. !177,vt}vfrn ants or repa,rs reiating <br />Hreretc wh.Ch Tray be Degrtn on the Trust Prcopemv or contemplated Dy ine Inar evidenced DV /hE Rote secured Hereby, to Day when <br />due aff cosIZ arld trabrliftes ;ncwred ltrerefora and hill t'j ioer"nif any construciton Uen adain -v suct,'rust PrpaerV in Me event <br />cz)nsilrucfum of buridrnys. =mproverrrents or repwrs are corremprateo. Trustor aisc agrees . any—­g ,n !his freed of Trust to the c inlrary, <br />riotwrthstanawr(g !ai %) pfpmoVY com.merice anv sucr) wars, and to compft[e the , ^,roposeb imprevemears oromprly. rb, to complete the <br />gan'RC sir &ccordwrce wim the pians and as approved by Beneficiary, ic: tC is crmpt y wftn ail .rut' Ferm.S pr a pudding ician <br />rf guy, between Trustof and Ber),:lfciary . the forms of wtUr..h are incorpo'ated tie ,ears py' reference and made a part hereon. <br />:di to c,* q"?iG1&ry to armpifcf'ne 7q;st p- opfirry at ail Lines during (;,n5rrUctjon ano re,; !o rey')lace any Actk iir n7atevai, <br />4in"trsfacrzry rrs 6ern)trc „aryl *,Mn fifteen, It; days after wnhen notice from Benetrc,ary su : -1 fact <br />t P;,h= f;V PSYMerif Of CnargeS Sub'ecr tp at;pKCatiiv law as, r:; a warren wa,ve• Pr' aenenc;ary. T.•:.'Siw ShcS,'l i9e)y s,4 Beneficiary wt tPe <br />P+ris! day n} eaCr+. ^rdrtlrl, or SittCri other date ea f” rrxprrrri as may De spertried by B rrCrary unft) rtrlr ind4*f.',tedrress Is paid fn fiiV H sure <br />i'teaatnafter Calved the' FundS ? equai tV 172th Of 2'te yearly Saxes and aSSessr (an :'S *!UCH may atfatrr rsriprrty Over rfrrs Deed of Trusf <br />xryd arrktrrd rtarrts On :"re Trust Property. ,f any.. peas 1 12th of the yearly premium fnstaNmentS for hazard insurance. plus 7 72tn :)I tit <br />tllstatien,ems for mortgage insurance . if an V. #tl as reasonably PS(rrtlared inilialiy and frfirn r :rr!e rc. tame Dy Beneficia,i or. <br />',9re f3.&':is r3f as"ssmfrrlts and orlfs nand rea.saratve estimareS nkclfirof "h_ Funds s'hatr be he; !n an nrs'htapor, 'tie depa3'its or <br />ac dents at *rr C'h a-e rnswed Or guaranteed by a federal of stare agency rrichidmg Beneficiary :ienef,cid y shall apriJv the F(rnt *S rc <br />psy €earl tares, os; sanief•.,rs, maurarice Premrumy and ground rents Ber:eficiary snarl irol Pe 0Q vied 70 Pay Trusty any inrerest n' <br />mrrwvs or, Hie Funds Bevltaficrary shall give ro Trusrbr, withot r enarge. ar. ;arnua' rac:'auntirrc, a. me +: :rntXs sht +w ng c: fairs and <br />S to Funds and Hie owpose for w'xcn eact,'let"! to "" Fundn was ,°,H1e ine runds a e;rkri"ger3 as 3[ 'tvliC� tai SE!CUnry nor <br />v tieaE lMXrress w_utWJ .f y Ifs 0"d of Trusf If the a,rrruerit nf fi€uter nary !c gerht r wrfb rite future monthly <br />Of Frrrncs parya,Paie;e rp ro the rrjue dates [4 taxe& . aS5e.S5rnGn lcuranc e ,. -. P.^uirn S d i r'i i ' !vn % Shah PA4 aeCf rite <br />WMKa reW_*fpo It; pay 5wo taxes, a%&esnnrenfN. ar.sursynre isrtsrrxun>s and g O;;r¢d FnrS its Phry f& ,Ljt is H t)r t s" 5,rlilli tie. at <br />Sri.*. W r c Tf'. es, Irm, Imir"opy red a'o it, Tia5for ':N C ri, rr U.sm" ,agar. -3t fdHL v r`§ol n14 if Prep a f art'! fir <br />Iry I 4rtca °ro+rt tY Hfirofff"ary she,'m.",W suFiraerr ; ,axe rasSe.aanre, >t .n O an-.e .>rr, r - - 7 , t r, , v d <br />7,ilskv soar.§ nay ru I*-- che wnv aurw:r<.v f =if- "Sary n,,yge ..G rrs r:el.. ten;. y wrrrnr p; l� a, 5 <br />­en""T 'm"f i "ratvi C;€ r1q..,;r. , ri;- =l , "o 4f, <br />,.tins* des i ,rr75 taSaf'rir He; �. ?xrr, +f + i ;.gip Fr•,y�Rr `5 s , l ctfr : ^we <,r`t- •ri. , w:, <br />.a ;i€�:�`i, �s, ii�v °:es,_ d•,,. .; f,�l t.. -i.,ry .. .,t*a7uarrtar t ... rt �. :�wr :.- ! . ,.err; .. � .. -.. <br />